Minth Group (00425) saw its shares jump more than 7% during the morning session, with the stock last trading up 6.63% at HK$29.90, on turnover of HK$97.77 million. The sharp rally follows the company's release of its 2026 interim results on August 25, which showed revenue climbing approximately 9.1% year-on-year to RMB 13.408 billion, while profit attributable to owners of the company rose around 12.3% to RMB 1.434 billion. Basic earnings per share stood at roughly RMB 1.235.
During the review period, the group continued to secure new orders at a steady and expanding pace. In response to the varying performance of automakers across different markets, the company adjusted its business strategy in a timely manner to maintain a balanced and robust overall portfolio.
In particular, the group achieved significant breakthroughs in battery housings and vehicle chassis structural components. After winning battery housing business from Toyota's Japanese market and structural component contracts in the European market, Minth further secured battery housing and chassis structural component orders from Toyota's Shanghai plant, as well as structural component business from Toyota in Japan. At the same time, the company broke new ground by securing its first-ever order for Mercedes-Benz crash beam components and Honda's hybrid battery housing business.